Reitmans Ord Shs V.RET.A

Primary Symbol: V.RET Alternate Symbol(s): RTMNF | RTMAF

Consumer Cyclical

Reitmans (Canada) Limited is a Canada-based women's specialty apparel retailer with retail outlets throughout Canada. The principal business activity of the Company is the sale of women’s wear. The Company operates through the sale of women’s specialty apparel to consumers through its retail banners. The Company operates under three banners: Reitmans, Penningtons and RW&CO. Reitmans is a specialty fashion destination. Reitmans has an online presence and store locations across the country. Penningtons is a destination for plus-sized fashion, ranging from sizes 14 to 32. Penningtons operates stores across Canada. RW&CO. operates stores in shopping malls, as well as on their e-commerce site. RW&CO. specializes in menswear and womenswear, the brand delivers versatile, well-crafted collections and brand experiences. The Company operates 406 stores consisting of 235 Reitmans, 91 Penningtons and 80 RW&CO.

TSXV:RET - Post by User

Reitmans Ord Shs

<< Previous

Bullboard Posts

Next >>

Post by Northforce13on Jun 19, 2023 11:39pm

244 Views

Post# 35504468

RET Cash projections

Q1 = 69 mil. Up 43 mil yoy when compared to prior year and adjusting each quarter for prepaid expenses variation...

proj Q2= 70-75 mil (prior 38)
Q3= 95 mil (prior 64)
Q4= 140 mil (prior 103)

Very rough guesstimates. Cash will build every quarter. By Q4 they will be swimming in cash.

Over the next 9-10 months, very highly likely we see an "uplisting" TSX Venture > TSX regular, a dividend reinstated, and possibly a share buyback...

Smart money. Buy.

<< Previous

Bullboard Posts

Next >>

This junior mining stock offers billions in market exposure